Funding you earn now, next payment 22:00 UTC−0.1701%/8h= −186.2% APRpaid last 24h −0.419%
Price spread now: Gate against Kraken Futures−0.156%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$51 a day on $10k at the current rate, and Gate is 0.156% cheaper against Kraken Futures than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CFXUSD | 0.05340 | 0.1701 | pay 0.0213% / 1h | 5m 07s | $33K | $23K | 20x |
| Short | Gate CFX_USDT | 0.05332 | 0 | get 0.0000% / 8h | 2h 05m | $1.1M | $3.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$357.11
- Price spread: −0.156% → 0.000%
- −$15.58
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$397.69
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 3 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 3 min ago | 2.81 bp | 15.3 bp −$15 | 28.4 bp −$284 | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CFX on 16 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CFX_USDTshort | 0.0000% | 8h | 0.05332 | −0.156% | $1.1M | $3.1M | 50x | |
| Aster CFXUSDT | +0.0100% | 8h | 0.05334 | −0.120% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05331 | −0.173% | $5.4M | $11.3M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05329 | −0.212% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05331 | −0.175% | $2.5M | $6.3M | 20x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05333 | −0.137% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05335 | −0.100% | $883K | $298K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05330 | −0.193% | $1.6M | $1.6M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05332 | −0.156% | — | $18.2M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05334 | −0.113% | $37K | $41K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05346 | +0.101% | $507K | $2.0M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05329 | −0.220% | $132 | $253K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0384% | 1h | 0.05366 | +0.481% | $35K | $197K | 50x | as long as short |
| Hyperliquid CFX | +0.0660% | 1h | 0.05342 | +0.026% | $3.2M | $408K | 5x | as long as short |
| Kraken Futures PF_CFXUSDlong | +0.1701% | 1h | 0.05340 | long leg | $33K | $23K | 20x | |
| Deribit CFX_USDC-PERPETUAL | +0.1812% | 1h | 0.05345 | +0.088% | $141 | $29 | 10x | as long as short |
Kraken Futures PF_CFXUSD
Gate CFX_USDT
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFX
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX
Deribit CFX_USDC-PERPETUAL